A Project Gotham Racing 5 and Race Driver: GRID 2 will be shown off at E3 2012, according to the latest issue of MCV magazine.
In November 2010, it was rumored Microsoft was scouting developers for the next Project Gotham Racing, considering the now defunct series developer Bizarre Creations was then under Activision.
In July 2010, Codemasters said it was “full steam ahead” on development of new Flashpoint, DiRT, and GRID titles. Operation Flashpoint: Red River and DiRT 3 have since been released.
Stay tuned.
Thanks, NeoGAF.